
DE Stock Forecast & Price Target
DE Analyst Ratings
Bulls say
Deere has experienced a notable improvement in global agricultural fundamentals, with consumption exceeding supply for the first time in four years, leading to expectations of a significant year-over-year increase in farm income. The company is on track to enhance through-cycle margins and cash flow, supported by a strong dealer network and effective inventory management among peers, which positions Deere favorably in the market. Additionally, an increase in earnings per share (EPS) was bolstered by discrete tax benefits and gains from financial adjustments, contributing positively to the company’s overall financial performance.
Bears say
Deere's financial outlook appears negative primarily due to anticipated declines in sales and profits, with a projected sequential decrease of 15-20% in 1Q25 compared to 4Q24, particularly in the construction and forestry segment, exacerbated by lower margins. The company's operating profit in production and precision agriculture has shown a marked decline to $338 million, with operating margins falling significantly from 21.6% in 1Q24 to 11.0% in the current quarter, driven by lower volumes and unfavorable product mix. Additionally, the small agriculture and turf segment has also experienced a decline in operating profit and margins, indicating wider systemic issues within the company's core business units.
This aggregate rating is based on analysts' research of Deere & Company and is not a guaranteed prediction by Public.com or investment advice.
DE Analyst Forecast & Price Prediction
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